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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Roosevelt, NY Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Roosevelt, NY Housing Market Trends

With a population of 18,066, 4,525 total housing units (homes and apartments), and a median house value of $608,737, real estate costs in Roosevelt are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive New York communities.

Single-family detached homes are the single most common housing type in Roosevelt, accounting for 84.45% of the town's housing units. Other types of housing that are prevalent in Roosevelt include duplexes, homes converted to apartments or other small apartment buildings ( 14.72%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Roosevelt. Owner-occupied housing accounts for 75.65% of Roosevelt's homes, and 78.52% have either three or four bedrooms, which is average sized relative to America.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Roosevelt's housing was primarily built during this period, from the '40s through the '60s. A full 53.57% of the town's housing hails from this era. Other housing ages represented in Roosevelt include homes built before 1939 ( 30.71%) and housing constructed between 1970-1999 ( 12.78%). There's also some housing in Roosevelt built between 2000 and later ( 2.93%).

Roosevelt Home Appreciation Rates

In the last 10 years, Roosevelt has experienced some of the highest home appreciation rates of any community in the nation. Roosevelt real estate appreciated 142.74% over the last ten years, which is an average annual home appreciation rate of 9.27%, putting Roosevelt in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Roosevelt definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Roosevelt that despite a nationwide downturn in the housing market, Roosevelt real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Roosevelt appreciation rates continue to be some of the highest in America, at 17.02%, which is higher than appreciation rates in 91.54% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Roosevelt. Roosevelt appreciation rates in the latest quarter were at 5.51%, which equates to an annual appreciation rate of 23.91%.

Importantly, this makes Roosevelt one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to New York, our data show that Roosevelt's latest annual appreciation rate is higher than 80% of the other cities and towns in New York.

Average Home Values

Median Home Value

$608,737

Roosevelt, NY Home Prices
> $1,430,000
$1,073,001 - $1,430,000
$715,001 - $1,073,000
$572,001 - $715,000
$429,001 - $572,000
$286,001 - $429,000
$143,001 - $286,000
$71,001 - $143,000
$0 - $71,000
0.4%
0.4%
2.5%
2.5%
23.2%
23.2%
28.2%
28.2%
25.1%
25.1%
19.0%
19.0%
0.0%
0.0%
0.1%
0.1%
1.5%
1.5%
0% 100.0%
% of Homes
High

for New york

Very High

for nation

Number of Homes And Apartments:

4,525

Roosevelt Appreciation Rates

Rent & Ownership

Average Market Rent:

$5,192 / per month

Homeownership Rate

Owners
Renters
75.7%
75.7%
24.3%
24.3%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
3.8%
3.8%
96.2%
96.2%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
2.9%
2.9%
12.8%
12.8%
53.6%
53.6%
30.7%
30.7%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
84.5%
84.5%
0.2%
0.2%
14.7%
14.7%
0.6%
0.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
0.5%
0.5%
8.4%
8.4%
58.0%
58.0%
20.5%
20.5%
11.9%
11.9%
0% 100.0%
% of Homes